DGIX (Dyna Group International) Inventory Turnover: 0.93 (As of Mar. 2005)


What is Dyna Group International Inventory Turnover?

Dyna Group International DGIX +2.44% Inventory Turnover is 0.93 as of Mar. 2005.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dyna Group International's Cost of Goods Sold for the three months ended in Mar. 2005 was $2.37 Mil. Dyna Group International's Average Total Inventories for the quarter that ended in Mar. 2005 was $2.55 Mil. Dyna Group International's Inventory Turnover for the quarter that ended in Mar. 2005 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dyna Group International's Days Inventory for the three months ended in Mar. 2005 was 98.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Dyna Group International's Inventory-to-Revenue for the quarter that ended in Mar. 2005 was 0.79.

Dyna Group International  (OTCPK:DGIX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Dyna Group International's Days Inventory for the three months ended in Mar. 2005 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2005 )/Cost of Goods Sold (Q: Mar. 2005 )*Days in Period
=2.5535/2.365*365 / 4
=98.52

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Dyna Group International's Inventory to Revenue for the quarter that ended in Mar. 2005 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2005 ) / Revenue (Q: Mar. 2005 )
=2.5535 / 3.221
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dyna Group International Inventory Turnover Related Terms

Dyna Group International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Dyna Group International's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dyna Group International Inventory Turnover Chart

Dyna Group International Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 3.82 3.81 3.19 4.44

Dyna Group International Quarterly Data
Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.82 1.04 1.07 0.93

Dyna Group International Inventory Turnover Calculation

Dyna Group International's Inventory Turnover for the fiscal year that ended in Dec. 2004 is calculated as

Inventory Turnover (A: Dec. 2004 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2004 ) / ((Total Inventories (A: Dec. 2003 ) + Total Inventories (A: Dec. 2004 )) / count )
=9.939 / ((2.189 + 2.293) / 2 )
=9.939 / 2.241
=4.44

Dyna Group International's Inventory Turnover for the quarter that ended in Mar. 2005 is calculated as

Inventory Turnover (Q: Mar. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2005 ) / ((Total Inventories (Q: Dec. 2004 ) + Total Inventories (Q: Mar. 2005 )) / count )
=2.365 / ((2.293 + 2.814) / 2 )
=2.365 / 2.5535
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.93 mean?
Dyna Group International (DGIX) has a Inventory Turnover of 0.93 as of Mar. 2005. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Dyna Group International and its competitors.
Is Dyna Group International's Inventory Turnover too high?
Dyna Group International's current Inventory Turnover is 0.93.
How does Dyna Group International's Inventory Turnover compare to competitors?
Dyna Group International's Inventory Turnover of 0.93 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Dyna Group International and its competitors. Dyna Group International's current Inventory Turnover is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyna Group International stock overvalued right now?
Dyna Group International (DGIX) has a current Inventory Turnover of 0.93. The current Inventory Turnover is 0.93. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Dyna Group International (DGIX), the current Inventory Turnover is 0.93 as of Mar. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dyna Group International Business Description

Address 1661 South Seguin Avenue, New Braunfels, TX, USA, 78130
Dyna Group International Inc, through its wholly-owned subsidiary is engaged in the manufacturing and sale of handcrafted pewter buckles. It also offers drinkware, including glassware, steins, ceramic coffee mugs, and shot glasses.